Chris Demay, CPA and Tax Stockholder in the San Francisco office.
Chris DeMayCPA / Tax Partnerview bio

Fun Facts about Real Estate


Interesting Real Estate Facts and Statistics

Here are some interesting real estate facts and statistics that you can share with family and friends to show off your knowledge:

  • 90% of the world’s millionaires became rich thanks to real estate. (The College Investor)
  • There are no restrictions on foreign property ownership in Japan. (Plaza Homes Ltd.)
  • Individual real estate investors account for 74.4% of rental properties in the US. (US Census Bureau)
  • 79% of Americans consider owning a home one of the greatest goals to achieve (Bankrate)
  • The average age of all homebuyers in the US is 47 years old, while the average home seller is 57, according to real estate statistics (Bloomberg, NAR)
  • The average American is likely to move 12 times in their lifetime (Steinway)
  •  With an average rent of $695 for a single-family residence, Springfield, Montana, is the cheapest among the US’s most populous cities (GOBankingRates)
  • Our very own Atherton – zip code 94027 is the most expensive zip code in America with a median real estate sale price of slightly over $7 million (Mental Floss)
  • Surprisingly, Massachusetts is the priciest US state to buy a home in (MarketWatch)
  • The most expensive residence in the world is Buckingham Palace, England (Investopedia)
  • Scots paint their front door red, when they pay off their mortgage (Homes MSP)
  • Zillow is the most popular real estate and rental marketplace in the US (The Most Expensive Homes)
  • Austin, Texas, is the top commercial real estate market in the US (CXRE)
  • There are more single female homeowners in the US than single male homeowners (Lending Tree)
  • Staged homes sell 25% faster than non-staged ones (G2)

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